When the supply of futures products exceeds demand, it will lead to the decline of product prices, which will lead to the decline of futures market prices. When the supply exceeds the demand, the product price will rise, thus promoting its rise in the futures market. The introduction of some preferential policies by the state will attract investors in the market to buy, thus promoting its rise. When the country introduces some negative policies, it will lead to the liquidation of long investors in the market and the increase of short investors, which will lead to the decline of futures prices.

In the futures market, the rise of a product will drive the rise of related products. On the contrary, the decline of one product will lead to the decline of related products. For example, if the price of gold rises, it will cause silver to rise, and vice versa. Commodity market demand refers to the quantity of a commodity that consumers are willing and able to buy at a certain time, place and price level. The main factors that determine commodity demand are commodity prices, consumer income, consumer preferences, changes in related commodity prices and the influence of consumer expectations. Commodity market demand usually consists of domestic consumption, exports and ending commodity balance.

Commodity market fluctuation is usually closely related to economic fluctuation cycle. Futures prices are no exception. As the futures market is an open market closely linked with the international market, the price fluctuation of the futures market is not only affected by the domestic economic fluctuation cycle, but also by the prosperity of the world economy. When futures prices rise, speculators buy contracts, market demand increases, and futures prices rise further; When futures prices fall, investors sell contracts, and when prices fall, they make up profits from closing positions. A large number of speculative selling will further reduce futures prices. When the market confidence is sufficient, the possibility of price increase is high; On the contrary, the possibility of price decline is high.

Commodity futures trading is closely related to financial and money markets. Changes in interest rates and exchange rates directly affect changes in commodity futures prices. Interest rate adjustment is a macro-control means for the government to tighten or expand the economy. Interest rate changes have a greater impact on financial derivatives trading than on commodity futures. The futures market is an open market. Futures prices are closely related to commodity prices in the international market. Changes in exchange rates will inevitably affect the corresponding changes in futures prices.